Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Old 11-10-2013, 07:06 PM   #41
Full time employment: Posting here.
Al in Ohio's Avatar
 
Join Date: Jun 2013
Location: Columbus OH
Posts: 688
Quote:
Originally Posted by aja8888 View Post

I posted earlier that in Texas, the plates go with the car in a sale. If the buyer wants new ones, he has to request them when transferring the title. Its a law.
Not true.

Texas also requires that the plates be removed and surrendered in a private sale.

Link. http://www.dmv.org/tx-texas/plate-surrender.php

It makes absolutely no sense to leave them on a car that changes ownership. That's like handing the stranger you just sold the car to your drivers license. Would you do that too?
__________________

__________________
Ohio INTJ ENG ER Hopeful
Al in Ohio is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 11-10-2013, 07:33 PM   #42
Recycles dryer sheets
 
Join Date: Oct 2013
Location: SF Bay Area
Posts: 85
You can do the title transfer at your local AAA if you are a AAA member.

The difference between a DMV experience and AAA is like night and day. You can sit in a nice couch in a comfortable office and exchange money instead of in a parking lot and finish the transaction right there.

If in California, for older cars you need to have it smogged before they will do the transfer.
__________________

__________________
47 is offline   Reply With Quote
Old 11-10-2013, 07:55 PM   #43
Moderator Emeritus
aja8888's Avatar
 
Join Date: Apr 2011
Location: The Woodlands, TX
Posts: 7,182
Quote:
Originally Posted by Al in Ohio View Post
Not true.

Texas also requires that the plates be removed and surrendered in a private sale.

Link. How to Surrender a License Plate in TX When Changing Ownership or Moving

It makes absolutely no sense to leave them on a car that changes ownership. That's like handing the stranger you just sold the car to your drivers license. Would you do that too?
The DPS has allowed us to keep the seller's plates on the last three used cars we bought without question. The rules you are linking may be relatively new. I'll have to have a closer look at that page. Thanks.
__________________
......."Everybody has a plan until they get punched in the face." -- philosopher Mike Tyson.
aja8888 is offline   Reply With Quote
Old 11-10-2013, 09:51 PM   #44
Thinks s/he gets paid by the post
 
Join Date: Mar 2010
Location: Kerrville,Tx
Posts: 2,726
Quote:
Originally Posted by 47Percent View Post
You can do the title transfer at your local AAA if you are a AAA member.

The difference between a DMV experience and AAA is like night and day. You can sit in a nice couch in a comfortable office and exchange money instead of in a parking lot and finish the transaction right there.

If in California, for older cars you need to have it smogged before they will do the transfer.
Actually for registration in Texas it is done at the county tax assessor collectors office. So the experience very much depends on the size of the county you live in. In a small population county it is very short waits at worst, typically walk in and pay. Now in one of the urban counties it can be a longer wait.
When I bought my last car they put a temp tag on it (good for 60 days) and mailed the plates and receipt when they arrived (since I lived 80 miles from the dealership).
In Tx drivers licenses are issued by the department of public safety (which also contains the state police), while vehicle title transfers and the like are done at the tax assessor collectors office, so there is no unified DMV like in states like Ca and Mi
__________________
meierlde is online now   Reply With Quote
Old 11-11-2013, 12:08 AM   #45
Thinks s/he gets paid by the post
Telly's Avatar
 
Join Date: Feb 2003
Posts: 1,448
Quote:
Originally Posted by JakeBrake View Post
I guess I'm the only one who donates their old cars. I've donated my last three vehicles to Kidney Kars. Nowadays the IRS says that you can only deduct the actual sale price that the charity receives when they auction the vehicle. The charity is supposed to return a receipt when the vehicle is sold.
We've donated a few cars to a charity that runs a school and counseling for very at-risk HS students. With the change in IRS rules, I just waive any benefit to me, as I really don't want to give my SSN over the phone to someone who works in the charity office.
__________________
-- Telly, the D-I-Y guy --
Two fools dancing on the hands of time
Telly is offline   Reply With Quote
Old 11-11-2013, 08:29 AM   #46
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: May 2005
Posts: 13,290
Quote:
Originally Posted by easysurfer View Post
CarMax is an easy place to get rid of a used car.

I think you may have answered your own questions in that the price quoted is closes to KBB's value, plus you don't like to wheel and deal.

Another good thing about CarMax is that they took off ALL items that could have identified my sister when she sold to them...

We never thought of taking off the inspection sticker!!!
__________________
Texas Proud is offline   Reply With Quote
Old 11-11-2013, 09:08 AM   #47
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
NW-Bound's Avatar
 
Join Date: Jul 2008
Posts: 19,444
Quote:
Originally Posted by JakeBrake View Post
I guess I'm the only one who donates their old cars...
I gave a car to a needy person I knew (not a relative or friend of mine), and as it was a private donation there was no tax deduction.
__________________
NW-Bound is offline   Reply With Quote
Old 11-11-2013, 10:27 AM   #48
Full time employment: Posting here.
VaCollector's Avatar
 
Join Date: May 2007
Posts: 544
Another vote for Carmax....I actually had a Mini convertible listed on Craigsliat and (on a whim) decided to go see what Carmax might give me for it...

The Mini had been listed on CL for about a week and I had only had 3 or 4 inquiries with a couple of lowball offers...

Carmax actually offer me $2K MORE than I had it listed for on CL....needless to say, I had to call for a ride home
__________________
VaCollector is offline   Reply With Quote
Old 11-11-2013, 07:00 PM   #49
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
harley's Avatar
 
Join Date: May 2008
Location: Following the nice weather
Posts: 6,440
Well, we went ahead and sold it at CarMax. We did a lot of research on the car on Craigslist, and the best offer price we could find was less than $2K above the CarMax offer. Since I know nobody pays the Craigslist offer price, it just didn't seem worth the hassle. The CarMax process was a breeze, and took less than an hour.

Quote:
Originally Posted by Huston55 View Post
You noted that you drive your cars until they're ready to be compacted. I didn't know that CarMax purchased older used autos; more than 10-12 yrs. S o, that may be an obstacle.
Actually, this particular car was a 2009. We got ourselves into a 3 car situation when my DW's mother died most of a decade ago. We inherited her car, and DW was too emotional to consider selling it at the time. After 4 or 5 years of listening to me bitch about how uncomfortable and expensive to maintain the car was (Mercedes), she decided to trade it in while it still had value. So we ended up with another 3rd car. But we didn't need it, and it spent a lot of time being loaned to DD as a spare. This time we decided to sell it while it still has value too, and we're going to bank the money until we actually need a new car. Since our other two cars are still pretty new (a 2002 and a 2004), we should be good to go for a half decade or so before it's time to compact (or donate) the next one.

Thanks everyone for their help and advice.
__________________
"Good judgment comes from experience. Experience comes from bad judgement." - Will Rogers, or maybe Sam Clemens
DW and I - FIREd at 50 (7/06), living off assets
harley is offline   Reply With Quote
Old 11-11-2013, 11:13 PM   #50
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
 
Join Date: Feb 2013
Posts: 5,327
I am glad that worked out for you. We have another car to sell and we will give CarMax a try and see what they offer next time.
__________________

__________________
daylatedollarshort is online now   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


 

 
All times are GMT -6. The time now is 05:52 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.